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Monday, January 23, 2017

The Center's push for a cashless economy and computerized method of installments will give a fillip to the development of cell phone advertise in the nation, a top authority of Samsung India said today.

"On account of the Government's cashless push, individuals have built up a propensity for making installments utilizing different e-wallet administrations. Individuals are discovering them more advantageous that money installments," Sharma told journalists here today.

"Because of demonetisation, advanced method of installments have expanded. This is a decent change. It will increment cell phone reception among clients. We trust the Government's cashless push will turn out to be a critical angle for the general development of cell phone advertise." Sharma said at present 22 crore individuals in India utilize cell phones.

Sharma and his group were here to declare the dispatch of Samsung's new cell phone Galaxy C9 Pro.

As per the Samsung official, the cell phone industry was not hit that gravely because of money crunch post the November 8 note boycott declaration.

"Impact of demonetisation on cell phone industry was not that serious. The business was not hit as seriously as different enterprises. Starting at now, there is definitely no impact. Things got to be distinctly typical after December," said Sharma.

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What a Business Stands for Can Mean as Much as What It Does

If you've ever seen the 1980s movie "Wall Street," you probably recall Gordon Gekko saying that "greed is good."

He may have been a bit shortsighted. Times are changing and so are people's attitudes about corporate America. In fact, a recent survey conducted by the insurance company Aflac suggests Gekko's days are numbered.

Survey Revelations

Here are some of the things the study found:

* 79 percent of consumers believe companies that stay true to their ethics and values outperform others in their field.

* When it comes to millennials, who are 80 million strong with a $200 billion annual purchasing power, 92 percent are more likely to patronize an ethical company.

* 81 percent of consumers are more likely to purchase from corporations that are active in philanthropic efforts year-round as opposed to only in times of need.

* 60 percent of investors would sacrifice profit for ethical standards when making long-term investment decisions.